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About 14 Billion RMB of Land Tax Revenue Reduced and Exempted in Chongqing in 2014

On February 4, the reporter has learned from a municipal local tax meeting that, Chongqing Local Tax Bureau focused on the economic and social development of Chongqing and the regional development strategy of five functional areas, and carried out policies related to structural tax reduction. The tax reduced and exempted all year around reached 14 billion RMB, giving a full play to local taxation which played an active role in growth stabilization, reform promotion, structure adjustment and benefaction to people. It is learned that most of the taxes exempted and reduced in 2014 involved in people’s livelihood, including 4 billion RMB of contract tax arisen from property and land utilization, almost 3.3 billion RMB of tax exempted according to preferential tax policy for Western Development, and 909 million RMB business taxes of 157,600 small and micro enterprises and private business owners. Meanwhile, Chongqing Local Tax Bureau carried out reform on inspection system successively; we integrated 13 inspection bureaus in the downtown into 5 trans-regional ones, effectively realizing mutual inspection and preventing from tax evasion and new tax.